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tv   The Willis Report  FOX Business  December 31, 2012 9:00pm-10:00pm EST

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and it's pretty much from as far as i as i can tell from a u.n. plan is for it. i don't get it. >> my message goes across the board. you have to cross the same bridge everyday whether you are republicanor democrat. neil: but it doesn't hurt you signing up to the next pixar movie were undertaking. >> i hope they just don't watch the show. neil: that will do it, thank you for watching. be prosperous and safe and be loved. goodnight. adam: a good evening to you from the fox business network. i am adam shapiro.
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there are developments literally within the last few minutes regarding the senate, potential vote on a deal that will hopefully avert the dire tax consequences and spending cuts, rich edson is live for us with everything starting with the vice president. what is the latest? rich: this from a republican aide. the whole thing is done. apparently democrats and republicans have signed off on this framework. the issues they had with the sequestered, automatic spending cuts have been resolved according to this aid. while vice president joe biden is in capitol hill to sell it to senate democrats, they have got to sign off on the framework of that deal. this is what we know, adam. it exempts income of $400,000 for individuals, $450,000 for families from a tax increase, capital gains and dividends stay the same local straits, amounts above that. permit the patches the alternative minimum tax. estate tax goes to 40% of
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amounts more than $5 million, one-year extension of employment benefits and the doctor fix making sure medicare doctors don't get a massive pay cut, that is also part of all of this. the debt ceiling is not part of that, something democrats wanted to extract more spending cuts in later debate. the headline here according to a g.o.p. aide, the whole thing is done. it does not mean it is a done deal entirely. but this just developing in the last couple of minutes. adam: when you say the whole thing is done, why is the vice president going to the capital? it sounds to me there are still democrats who need arm-twisting because there was at least part of that side leadership was confirmeconcerned about what the president backing off his pledge to raise income tax and people making $250,000, not $400,000.
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>> exactly. vice president joe biden on the hill for this meeting with the immigrants because there is an agreement among the principals. leaders, republicans, they still needs senate immigrants support. they still need support to get this thing through the hills. while there may be agreement at the top, it doesn't necessarily mean it will pass congress. adam: so we are on a 30-yard line with 70 needed for a touchdown. >> there is not a scheduled vote, we don't know if they will vote tonight or tomorrow on this, but it appears a vote at the very least will happen. adam: all right, rich edson live for us on capitol hill. a g.o.p. aide saying the whole thing is done to the vice president, as you can see them not live video, but to arrive in capitol hill for a meeting with democrats to convince them to please support this deal which the aides are
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telling rich is done. tomorrow the house of representatives convenes in the afternoon but that is assuming we would get a vote tonight in the senate. we are here the fox business network for you and we'll bring you up to speed as soon as any of this breaks although right now we are not scheduled to come back to you until 10:00 p.m. it is new year's eve, millions of people in times square are getting ready for a party. we will let you know if there is something to celebrate from the fox business network, i am adam shapiro. >> this has been a fox business special report. but now return you to your regularly scheduled programming. , and that will be their leverage, they say. gerri: a perfect strm. thank you for telling his about it, coming on. good luck over this nex 44 hours. it will be intense. meanwhile, as a nation we continue to change our way forward work toward another recession. without a deal u.s. gdp expected to take a serious hit.
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our unemployment rate expected to skyrocket, but evenwith the deal some say the u.s. economy may fall. i am joined now by an economics professor for the university of maland. welcome back to the show. i know you get pulled on this althe time by different groups. what are you expecting out of the economy? what do you say? with the deal what happens to the ecnomy? without a deal what happens? >> some kind of deal, the economy continues to grow very slowly. we are doing all this spending to prop up the economy because the fundamentals are right. all of the things the obama administration has done have been anti growth, whether energy licy, trade with china, reregulation of wall street. and now this, taxing all those jobs creators, all those small businesses. i don't know why you would want to invest in this country now. gerri: let me ask you this. the congressional budget office has out its numbers.
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if the fiscal cliff hits they say u.s. gdp would shrink by half a percentage point and that unemployment will rise to over 9%. do you think they have the rights or are they just too conservative? will it be worse? >> if we actually went over the cliff we would be subtracted from domestic demand over $600 billion. that is about four percentage points in gdp. most economists were forecasting in the first half of next year hardly 2 percent growth. if you subtract 4% to spending from that year and a recession that is much deeper. the cbo tense and not be alarmist because they say what they are partisan, but congress read it paycheck, and tey don't want to say congress is being irresponsible and thrusting the economy into the next great depression. gerri: then know whether paycheck comes from. did you know that congress, the vice-president, the president are of getting pay increases that the president approved
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. >> no credibility. i am on the government and the need help. gerri: you make a good point. if there is some kind of real resolution, can we see some kind of recovery in the economy? what the markets grade whatever deal comes out? i can't imagine -- i guess i'm just being negative. cutting entitlemenspending in all the things we really need to do like making the tax system more fair and easy to unerstand
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you just cross your arms. >> my body language. if we have this deal we will not get taxreform. we will not give genuine spending cuts because with this president to mike cuttingdown the republicans piece by piece a little bit at a time. this is their last stand outside atlanta. think of atlanta as american capitalism. if they give intonight, if they give in on monday and pass these tax increases, the president will get what he wants. there will be deficit reduction, and the next president will inherit the kind of situation that today characterizes come by once a greece, too extreme, but i would say italy. holy irresponsible fr any republican member of the house of representatives to vote for the package that mitch mcconnell is negotiating on their behalf without their leaders present. it is a ridiculous package. it does not work, and it will
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solve our long-term debt problems. gerri: i never have to guess at what you think. you are always clear isabela and entertaining. thank you for coming out tonight. have a great new year. >> happy new year. gerri: no votes in the house tonight. meanwhile, we go off the cliff tomoow. it does not applicable be a happy new year. our political panel place the blame game next. ♪ oh! blue! time! time out.
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i touched it i touched the ball before it went out, coach. come on, alex, the ref did not call that! you gotta be kidding me, alex! it's the championship game! talk to him, coach. i touched, it's their ball don't foul them wh they inbound. team on 'three.' one, two, three. nice going, alex. sorry coach. alex! good call.
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gerri: fiscal stiffed. that is of americans feel after congress failed to reach a deal on taxes and spending. as a result we are going of the fiscal cliff. joining me now, former adviser to president george w. bush and doug shown, democratic strategist and fox news contributor.
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welcome to you both. >> thank you so much. gerri: am i surprised by what is happenin no. and my interest? no. and so of start with you. how would you grade the president's lead on this issue today? >> well, i'm not trying to give anyone a good mark, the president by and certainly not congress. i hope my colleag in the spirit of the new year would recognizthat the entire political establishment has let us down. we are going to get at best that deal on taxes, not going to get anything to reform entitlements or spending. in my question to you, do you think republicans in the house should vote for this deal? gerri: wait a minute. before you go to that i want to mention, we ould acknowledge your that there is still a possibility the senate will vot on these ideas that we have described ad nauseam today about extending tax cuts for single ardors of 400,000 less couples,
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families of 450,000 less, that could be voted on in the senate tonight. a couple of senators have said it could happen. anything could go. brad coming to you now. what is the lead like on this? how would you rate the president in particular? >> i have to give him a yes. many came to power in 2009 shortly thereafter put together a bipartisan commission on the debt with a charge to find out what the recommendation is to be for short-term and long-term debt. it is openly. we have spending decreases. we need to tackle entitlements. tough love for everyone. the president put on a show. he didn't like it. he was facing reelection. nothing was done. what to the house to in may of this year? e past a spending bill.
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in order to avert the fiscal cliff and particularly sequestration an in august they pass a tax bill. the senate on bu the bills, nothing. the same said he could not give us a subject. gerri: what to bring this up. the president at a press conference really sort of insulting republicans, hoping to come to agreement. listen to the president. >> my preference woul have been to solve all these problems in the context of a larger agreement, a bgger deal, a grand bargain, whenever you want to call it. with this congress, that was obviously a little too much to hope for at this time. maybe we can do it in stages. we're going to solve this problem instead in several steps . gerri: he could have been a little more conciliatory.
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>> i guess what i would say is, i would agree with him. i wish we did have a grand bargain. even brad he just will the when the democrats said we needed a grand bargain. certainly paul ryan and i don't know if you remember, he voted against it. plenty of blame to go around. add up think it makes sense to go after just the president. i think this is a failure of our leaders. quite compellingly over the last six months of so. gerri: could not agree with you more. i think everyone is the fault i think there is this idea that we canbring along the tax hikes first. then come back later, perhaps months later to cutting spending. of course i think a lot of people say as seen this movie before and it does not end well. what do you say? >> there absolutely right. there should have been a comprehensive deal long time ago self created crises. the very people create a crisis can't bring themselves to fix
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it. the american people are sick and tid. i'm really against the president because the president could have led a heck of a lot better than he has done. he has been an armchair quarterback. we don't need that. we need someone who is in days, but there certainly is enough blame to go around. the ultimate responsibility in my opinion lies with the president, and the president to date ducking his thumb in the eyes of congress in a stand-up comedy routine is not going to help the process, especially when we are in the 11th hour. gerri: i want to talk briefly about the fact that we, you know, the deadline isoing to come and go. if we were to get a bill, which is, you know, questionable at this point, to go through both houses, it seems to me there is no way to contain everything that we want to see. thoroughgoing tax reform, i entitlement reform. it's too much to handle this point. is there any reason to think that congress will ever be able to deal withhe big issues?
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>> well, as we sit here today at thing not only is there plenty of blame to goaround, there's plenty of reason to be pessimistic. i would share the view and certainly your vew that what we need is a big deal. i think we would have done better. at think still a good framework. we need the president engaged. many thecongressional leaders engaged. sadly, this process, whenever produces, is going to be too little too late. i hope we avoid sequestration, but bottom line, we are still in a pickle and i think the economy is going to feel the effect. gerri: we are in a pickle. i agree. thank you for coming on. have a great new year's. >> youtube. gerri: coming up next, the fiscal cliff into plain english or maybe just simple arithmetic. at the bottom of the york, what should investors expect? will the fiscal ) as of them? don't go away. ♪
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>> my new year's resolution is to keep going with my personal trainer.
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♪ gerri: up next, some of those trillion dollar figures into persctive. the spending
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gerri: there is a reason we call this segment back of the envelope. we try to explain in plain english some of the more complicated financial issues. the big issue today, the fiscal cliff. and you may be asking yourself, why is this so importat? what is so cataclysmic about our nation's finances that we need to implement these monster tax increases and make draconian spending cuts.
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well, if you want to understand the government and its problems, take a lookat these numbers. let's start with tax revenue. these are the nation's tax revenues. what you have your is just over 2 trillion in income. that's all it is really. and look at these euros. a very big number. the spending in the federal budget. you will notice to these numbers bigger than that. not good. the deficit, like how much debt or adding. over a trillion. just when you're. federal government runnng a a tab of a rillion. we talk about this number of the me. let's get this zero's again. a very big number. tough to get your arms around these numbers. when you see it on a piece of paper it's easier. i thought it would be even easier ifwe thought about one american household. what if each of those numbers translate it into one family.
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if you ran the household like the federal government here is what you would be looking at. your family income, 24400. your spending, 305,400. look at this. what's going on? you can't do this. if you were spending 35,000 only had 24,000 coming in, that's a nightmare. the new debt would be 10,900. it's a nightmare. so let's talk about your total credit card debt. if you were on par with the federal government your total debt would be $163,000. you're not even earning 25,000. you would be in huge trouble. you would be insolvent. i would call you a deadbeat. of course you're too smart to do something this stupid. capitol hill is not, and that is what the fiscal cliff is so very important because they're spending so much more money than they're taking in, running into debt that we are going to have to pay for down the road.
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when we come back, going over the fiscal cliff or not is one of the many issues facing the market. what should you expect to happen with your money? our debatei next. plus, your reaction. ♪
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>> this is a test.
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he won the latest announcement that there is a deal and it's coming from the white house. to avert the tax increases and spending cuts that take place after midnight this evening. rich edson is standing by live on capitol hill. we have the video and show that to the people watching. he is now meeting with senate democrats. it doesn't sound like some of them are on board with this? >> there are a number of
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democrats that don't like the tax threshold. it preserves the current tax rates some of the democrats want the hikes to be lower. some other issues that the democrats have problems with, joe biden cut this deal with mitch mcconnell. so if he is and they're selling it. congressional aides say yes, we do have a deal among the congressional leadership and that the white house, this is something that still has to get through both houses of congress. we are also giving details on one of the last sticking point that was finally just resolved. the automatic spending cuts, $94 billion that will hit the economy the beginning of next year. more than a trillion over the next decade. this is how it's been resolved. the automatic cuts have been shut off, they have been pushed back for up to two months. basically what that means is that the democrats and republicans have agreed that the cost of the two-month extension
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will be paid for half by tax increases, basically some of the revenue that they have argued taken, and some of the revenue increases and spending cuts elsewhere. those have to be defense and the other half would be from other types of spending. the details are thin. adam: let's show the viewers. in anticipation of the deal, which now seems to be falling in place. the white house has told fox news sources that mr. harry reid, as well as nancy pelosi on board with the president, so the key question tonight is the democrats who talk about things in the senate, if we hear anything from the speakers about the deal that is now emerging in the senate. reporter: we have yet to hear from the speaker's office. but one of the final hangups is getting all the democrats on board with us. mitch mcconnell knows where speaker john boehner is on this
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issue. they remained in contact throughout these negotiations birdseed can imagine that speaker boehner will come out as possibly as early as tonight with a statement of support. he has yet to get any information on. adam: apparently a spokesperson for the speaker saying that this is all joe biden and mitch mcconnell. no context as whether that's a compliment or insult, but potentially the deal which you have been expressing all day long. you are the one who will wrote just before 9:00 p.m. that a gop aide said that this was all done. just to wrap up with you before before we sign off one more time, no word yet from the vice president, but reporters are waiting for some kind of statement. is that correct? reporter: yes, we are hoping to get a comment as he was going into the meeting. right now he is hoping to get enough democrats to get on board. happening all around the capital
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or soon will begin happening around the capital. house and senate leadership will try to sell this thing and get this done as quickly as possible. adam: a lot of people working on this new year's eve. rich edson and the entire fox business team is here. we will come back as soon as there is news to share with you. until then, we go back to our regular program. >> this has been a fox business special report and we now return you to your regularly scheduled programming.lly conseredo >> of the things that are traditionally considered to be n safe,d utility stocks and thingf that are dependent upon the cost of long-term money.k we think are in a bubble. gerri: you say can createt volatility. why is that?erw and sel >> buy low and sell high.this gerri: moving on to you, sean.ud let me tell you, we do show these numbers. the s&p is up 13% this year.7.
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you know what's interesting about this, i think, is that i t don't believe that a lot ofw tat people really know that kind of move has been had. the plate. do you think it's possible to get in the markets and have yet another unpleasant stocks experienced? >> at think the markets will continue to head higher. think it will come and a little bit late to the game. they will miss a lot of the greatest gains to be had because somemes people think the stock movement always follows economic movement. as you can see from the last juror to, that hasn't been the case. gerri: that is absolutely right. do you think the economy can continue to expand? what is your crystal ball telling you? >> we don't have a crystal ball. we think is too much debt and demographics, not favorable and the western world. the developing world is experiencing a slowdown. we would wait for our pitch right now and not rush into this market..
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gerri: move to a beach somewhere. that's clearly what needs to happen. thank you for coming on. happy new year. have a great night. >> thanks. gerri: happy new year to you. now we want to know what you think. here's our question. will 2013 be better or worse fo your wallet? log on, vote on the right-hand side of the screen in a show the results. and coming u later in the show, a look at whocame out on top in the 2012 tech work. and even f this sequestrationn3 is avoided for now, could our national security still be addressed? last former u.n. ambassador john bolton next. there he is. ay with us. many of my patients stilclean their dentures with toothpaste.
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gerri: we have been saying, congress will not need the midnight deadline to avert the fiscal cliff. congress will not. the negotiations continue into tomorrow. let's bring in a congressman who will be critical to the process. republican of wisconsin, a member of the house budget cmittee. welcome back to the show. great to see you here. first, breaking news detail i want to get your reaction to. we just heard the vice-president will meet with senate democrats tonight. what do you think that's abou? >> i'm not exactly sure. unless they're having some type of problem with e spending side of the equation, i never have reached some type of agreement on taxes, but know that makes mcconnell was working with vice-presidentbiden on the spending side. and so there may be some person that has to go on the senate
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democrats to get the bill passed gerri: arm-twisting everywhere. let's talk about this potential deal as it has been outlined to us. we would have tax hikes on folks with incomes above 400,000 if your single, above water and 50,000 if you're a cople. permanent patch to anc, the alternative minimum tax. estate tax also. 40 percent for states with 5 million more. going way below that level. jobless benefits extended for a year. can you live with the deal like that? >> if that is all it is in there is no spending cuts than it is not the balanced approach to the president has promised the american people, and so it will be difficult for me to vote for. there are some good permanent things in the tax code related to all the rates below the 404 under 50,000 level. at&t fixes are good. but without any spending cuts on here, if it's just a revenue driven package so the president
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and spend more money will be a tough sell in the house of representatives. gerri: as we understand their is a big discussion going on about sequestration. 6790 days. what do you make of that? >> we have been hearing that they are trying to either delayed or get rid of it. as you are aware, theehouse has already passed an alternative plan for sequestration. if the plan is to eliminate sequestration as a nonstarter in the house, and however, there is a replacement or they just need additional time, i think that might be something that could be talked about. gerri: the president has been pretty outspoken saying republicans are holding a process. one you to respond to his comments. >> keep in mind that just last month republicans in congre said it would never agree to raise tax rates on the wealthiest americans. obviously the agreement is currently being discussed to raise those rates and raise them permanently. gerri: what do you make of that? >> partially correct.
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a little surprising that he is blaming republicans nd the deal. the president likes to talk about abraham lincoln and how he acts as if he thinks abraha lincoln is the best president ever in his son much like an. he forgets a ramekins most famous line. malice for nine and charity for all. can learn some things. gerri: one of the things i found interesting about this process is that we seem to be talking about tax tax now and spending cuts later. al does that goover? >> that does not fly with me and all. this is the problem and what has happened all throughout the last 40 years. politicians in washington had promised the american people that will get their fiscal house in order, cut spending. for every time they rase taxes and spending cuts never come. the promise of spending cuts comes, but the spending cuts never happen. and so that this time the president himself has said he wants a balanced approach, and a balanced approach this means
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revenue and spending on the table. we are anxious to see what the spending side is. where's the other balance? gerri: on the budget committee, right in the thick of things. he think there will be some kind of agreement struck in these last few remaining hours? >> i think the agreement, if there is one, will start in the senate. they have not voted on anything, so we don't know. the majority leader has told us we're gog back in session tomorrow after the noon hour. and so i am assuming we will be dealing with the issue tomorrow sometime during the day. i don't think we're going to get a deal tonight because the senate has not been able to act. gerri: it sounds like you are a big no vote. >> right now. of want to be a yes. they just need to work a little harder gerri: they will have to do more to give you did change my mind. thank you for coming on. a pleasure having you on the show. >> same to you. gerri: thank you.
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$500 billion is how much it will cost ou defense department if we go over the cliff. with more on what this means for national security former united nations ambassador john bolton joins me now. welcome bac to the show. great to have you here. what do you see as the impact of these cuts? sequestration on the defense spending. >> these $500 billion in cuts in sequestration will bring on top of something very close to a trillion dollars of defense cuts the first obama term. the extra cuts really go well beyond muscle. we are into bone. defense secretary panetta has made that clear. in the president's own defense secretary saying that our fense capabilities are being cu unacceptably, you know that is bad. and let me just say, this is not a matter of ben counting. this goes to the ability of
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america tosustain the international order that our economy rests on. you're not going to have sustained prosperity in the united states if the united states can provide whatever minimal order there is in the world today. that's the direction we're heading in. gerri: what's going to happen as a practical matter, los, peop, a machine. what will get cut? >> if the sequestration goes through over the long term, obviously the worst thing that will happen will be our inability to procure the sophisticated and expensive weapons system that we need. in the short term on sure there will try personnel layoffs o mitigate the effect of it, but it is unpleasant either way. people sy these expensive weapons systems from a you don't need them. let me bevery clear. i don't want the united states to ever be in a fair fightwith anybody. i would much rather spend on advanced weapons systems to protect against american
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casualties. the point here is if america is not perceived as strong, the risk of military hostilities increases. >> i want toswitch gears a little bit and talk about the benghazi ax. i want to know how you would describe the mnistrations approach to this. if you are satisfied with what has been done. the president and intelligent -- television interviews that he feels like doing a great job. your response? >> this is not a matt of technical fixes to an adequate security. the benghazi tragedy stems from a policy failure, a mistaken world view of the obama administration that the war on terror is essentially over, that they have been defeated, the arabs bring is bringing democracy in the middle east. the killings on september 11th prove that all of those points of view or wrong. the terrorist threat is still there. we are not dealing with it
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adequately. i think sadly my prediction would be there are more benghazi's out there as long as we hold the view that president obama epresses. gerri: i have toask ou about hillary clinton. you have been unfairly critical her recently. she, of course, has been in my. :. we have not seen her for weeks. now we understand why. she had a blood clot that she is being treated for tell me with that knowledge in retrospect, what do you make of her disappearance? do you feel like maybe you were to martian your criticism? >> my point from the beginning has been there is a real lack of trsparency year. whether they were understating the health problem or overstating the of problem, we still don't know, and she has been out public view for three weeks. when you are contemplating a presidential run, and she is, i must say, it doesn't do any good for your credibility not to be
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open and candid about this kind of situation, and nobody wants her to have a health problem, but we expect honesty and openness from our political leaders. gerri: all right. thank you for comingn. appreciate your time. still to come to my "2 cents more" and delicate the winners and losers in the tech world in 2012 from apple to samsung. find that a camel on top and you had things to work on. that's right. stay with us. >> my new year's resolution is to finish my studies, master's program in graduate school. >> when he is the solution is to get in better shape. be a better person [beep]
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[speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created th heartbeats of children in ed. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. gerri: phase ii for a sneak peek of high-tech gadgets.
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gerri: well, as we sa goodbye to 2012 and welcome in the new year, "the willis report" is taking a look back at some of the hottest cpanies in the tech world. postal we are giving you a sneak peek of groundbreaking gadgets that could hit store shelves in 2013. should you hold on to getting the iphone five are not? let's ask tech analyst. i want to start with instead of that iphone five issue, what you call the top deck winners of 2012. morrison mayor or meyer, i should say, she was a big winner >> absolutely. yes. really amazing how she has turned around young who, at
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least its reputation in a very short time. when it started the year it had any ceo, scott thompson. people were skeptical and then they launched an ill-advised and war with facebook. a lot of ill will. they have arisen may issue, and he was out. they got birth to my area, and she is great ever since. the big differences everyone is rooting for her. actually want to have latched on to some of the better products. kind of a no-brainer. obviously the president of t united states, basically go on and the users can ask you questions. you answer more less in real time. that was a huge one. >> they definitely came out on top. a lot some pretty cool products this year. the global nexus' seven, the best android tablet of the year, and it sort of establish them as a bit of a hardware playe.
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their product search, maps, stronger than ever. >> amazon. >> still the leader. still the leader in terms of tablets. gerri: samsung. >> that was interesting. they obviously lost a big court case for apple this year, but they are leading the market. gerri: flops for the year. let's move on. the biggest flops for 2012 starting with apple. >> i would say is the biggest flop. they had a mixed year, but if i had to put them into the winner or loser, would have to say just because an apple maps. such a black guy and people were starting to see that this company is a little bit -- a little more fallible and is not. gerri: facebook. >> the ipo did not do that well and did not satisfy investors word users. they still seem to be havi these privacy in transparency
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issues. they have a lot of cleanup. gerri: microsoft. >> billingsly call. we didn't really know how that would go and it is also an early call because i don't think windows eight which is the bg product launch to the end of the year has officially been a flop yet, but early signs is that they are notquite responding like it would have liked. they still do well in 2013. gerri: we'll know what the problem with that company is. >> they have not launched a new hardware along time and obviously are waiting for their new hardware launch next year. they seem to have lost so much ground in the meantime it will be kind of america. gerri: the biggest loser, sony. >> yes. and then you don't hear any more. the acquired their mobile alarm bell little over a year ago. made promises to innovate. none of that has happened, so maybe we will see what happens next month. gerri: we have to talk about what we teased.
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the iphone five. tell me, should i not by a? >> it's a great product. the only problem is apple maps which is a key part of there mobile experience and how to get around. now that too will released bill will maps for the iphone. the originalaps and the iphone. now that is back the iphone five is completing an. gerri: your okay. >> i'm okay. gerri: thank you for coming on. appreciate your time. have a great new year
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you are in a downward spiral. higher health care premiums come and thank you, president obama. toms is still unemployed. not in the union or union or government jobs coming in california i am a republican going fisng. [laughter] we also asked on gerriwillis.com. ninety-four presented he said things are worse. finally, a spoiler alert. congress is kicking the can down

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